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Fincantieri to get Italy's chief auditor of state as its chairman

Posted to Maritime Reporter on August 1, 2024

A company announcement said that the board of Fincantieri, Italy's state-owned shipbuilder, selected Biagio Mzzotta as its chairman. He is currently head of Italy's state audits, which reports to Italy’s Economy Ministry. Mazzotta replaces Claudio Graziano who passed away in June.

Telecom Italia CEO is confident about submarine units and tower stake sales

Posted to Maritime Reporter on August 1, 2024

Pietro Labriola, the chief executive of Telecom Italia (TIM), expressed his confidence in the sale of Sparkle, the company that owns the submarine cables unit and TIM’s remaining interest in INWIT, the telecom towers firm. TIM wants to earn around one billion euro ($1.1 billion)…

Olympic Rowing-New Zealand's sculls lead the rowing gold rush in Paris Games

Posted to Maritime Reporter on August 1, 2024

New Zealand, Romania and Netherlands won all the gold medals as the Olympic double sculls & fours competitions attained their climax in Paris on Thursday morning, after a thrilling race at Vaires-sur-Marnes Nautical Stadium. The Kiwi team of Brooke Francis…

Olympics: Swedish athlete hopes to win gold with lucky flag manicure

Posted to Maritime Reporter on August 1, 2024

Vilma Böbeck, a Swedish skiff sailer who has a longstanding tradition of matching the color of her nails with the kite sail's colour will hope that this ritual will bring the team Olympic Gold on Thursday. Bobeck, the Swedish woman's skiff's skipper…

ArcelorMittal S. Africa reports larger loss and hopes for a reduction in interest rates

Posted to Maritime Reporter on August 1, 2024

ArcelorMittal South Africa announced on Thursday that it hopes for a reduction in interest rates during the second part of the year, after its losses increased due to weakened demand. The company lost 1.11 billion Rand ($60 million), compared…

Olympic-Skiff Medal Race a Bonus for NZ’s Aleh and Meech

Posted to Maritime Reporter on August 1, 2024

New Zealanders Jo Aleh, left, and Molly Meech were about to celebrate their final sail when an official informed them that they were in the medal race for the women's sailing skiff. Meech, 31 said, "We thought it would be our last sailing in the 49er FX.

What's going on on the Sixth Day of Paris Games?

Posted to Maritime Reporter on July 31, 2024

On Thursday, all eyes will be on the Bercy Arena in Paris where American Simone Biles will try to add more medals to her already impressive collection. The athletics program begins with men's and woman's race walking and golf. In France there will be 18 medals to be won…

Maeder, a Singaporean kite-medalist, is battling for Olympic medals in Formula One and chess.

Posted to Maritime Reporter on July 31, 2024

Max Maeder, from Singapore, describes "flying", or 'driving' a race car and playing chess at speeds up to 80 km/h in the Olympic sailing event's latest competition. Formula Kite's world champion, aged 17, hopes to be "among those who are more…

Olympics-France spared the blushes following Seine clean water test

Posted to Maritime Reporter on July 31, 2024

Olympians jumped into the River Seine after an early morning notice told teams the murky water was safe to continue with the triathlon. This spared France from the embarrassment that a Paris 2024 central promise would be swept away. It was promised…

Olympic debut women's windsurfing race abandoned due to waning winds

Posted to Maritime Reporter on July 31, 2024

The first women's marathon windsurfing race was called off on Wednesday after the wind weakened during an exhausting hour of sailing for Olympic sailors near Marseille. The race began with a spectacular start where the powerboat sped across in front to signify the beginning.

Dutch fly in women's final pairs

Posted to Maritime Reporter on July 31, 2024

The Netherlands' Ymkje Claevering and Veronique meester sped into the final of the Olympic women's pair rowing event at Vaire-sur-Marne Nautical Stadium with the best time on Wednesday, as the hot weather from Tuesday gave way to cloudy skies.

Olympic-Megasports Events caught in the horns of Climate Change Dilemma

Posted to Maritime Reporter on July 30, 2024

Leading sports ecologists believe that the climate crisis is forcing organisers to face uncomfortable truths. As temperatures rise, golf courses slide into the ocean, alpine resorts are flooded, and football fields have been flooded. Wildfire smoke chokes athletes.

Heat tests the limits of green goals in Olympic Village

Posted to Maritime Reporter on July 30, 2024

Paris 2024 organizers hoped that their self-cooling Olympic Village Apartments would eliminate the need for air conditioning, allowing them to host the most environmentally friendly Games ever. Many delegations have decided to take no risks, despite the blazing temperatures in Paris.

Olympics-Sailing-Spain's men seize skiff lead from 'McKiwis' in breezier Med

Posted to Maritime Reporter on July 30, 2024

The SailGP duo from Spain, Diego Botin & Florian Trittel, took the lead in the Olympic Skiff Series on Tuesday overtaking New Zealand overnight leaders. They also jumped above Ireland at the top of the leaderboard. The 'McKiwis,' as they are known in New Zealand…

Leonardo continues to grow at double-digit rates in the first half of this year

Posted to Maritime Reporter on July 30, 2024

Leonardo, an Italian aerospace and defense group, continued to grow its revenues, orders and profits by double digits in the first six months of this year as it pursued its expansion strategy in European defence programs. The first-half results…

Olympics-Trailblazing Kuwaiti fish and chip fan says selection not sunk in

Posted to Maritime Reporter on July 30, 2024

Ameena, Kuwait's first sailor, knew that she was going to be a contender for the Olympics only a year after completing her masters in London. Shah, who had kept in contact with Kuwait's Sailing Federation throughout her undergraduate years,…

Emerging nations have a record number of places on the water

Posted to Maritime Reporter on July 30, 2024

World Sailing's support program has helped a record number of sailors to reach the Paris Olympics from countries where sailing is underrepresented. Ebru Bolat, a Romanian women's sailing dinghy competitor said: "Our countries do not get much funding for sport in general.

Kiwi Twigg advances to Olympic semifinals following dominant performance

Posted to Maritime Reporter on July 30, 2024

Emma Twigg, the reigning Olympic gold medalist from New Zealand, won the semi-finals of the single-sculls race at Tuesday's Paris Games. She broke away mid-race to take the victory at Vaires-sur-Marne Nautical Stadium. The Kiwi, 37, set the best time in the day's third race.

After delays, Olympic Windsurfers can now race in their harnesses

Posted to Maritime Reporter on July 29, 2024

The British windsurfer Emma Wilson had a great start in Monday's Olympic Windsurfing Series, after the event was postponed because of a lack wind. The event is still in its infancy. Up to 20 races are possible before the final quarter, semifinal and final.

Olympics-Canoeing-Glorious Gestin grabs canoe slalom gold for France

Posted to Maritime Reporter on July 29, 2024

Nicolas Gestin dominated the competition in both the semifinal and the final of the single canoe race at Vaires-sur-Marnes Nautical Stadium, claiming gold in stunning style for France. He was the last to enter the final following his outstanding semi-final.

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